Multifamily Real Estate Insights Podcast
The Real Estate Multifamily Insights Podcast is your trusted source for news, strategies, expert interviews, and actionable tips to grow your wealth through multifamily real estate, in Canada and beyond. Hosted by seasoned investor Sandy Mackay.
Ottawa is quietly working on launching a new entity it hopes will be key to housing affordability
In this episode, Sandy MacKay examines Ottawa's new housing initiative and its implications for the multifamily market. He offers perspectives on Build Canada Homes, discussing the optimism surrounding the initiative and the challenges it faces. Sandy also addresses the impact of the delayed GST rebate on social-housing projects, analyzing how the delay affects project viability and timelines. The episode provides valuable insights into these developments, highlighting their potential to shape the multifamily real estate landscape in Canada.
Key Points
- The Build Canada Homes initiative aims to tackle the housing crisis by developing affordable housing, fostering innovation, and offering low-cost financing to builders.
- There are concerns about the government's ability to manage construction projects effectively, with industry experts emphasizing the need for partnerships with private developers.
- Immediate implementation of housing policies, such as the promised GST rebate for first-time homebuyers, is crucial to address current market demands and avoid further economic slowdown.
Chapters
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Transcript
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